Insurance Technology Featured Article

Ebix Partners with Silanis to Bring E-Signature to EbixExchange

October 30, 2012

International supplier of on-demand software and e-commerce services to the insurance and financial industries Ebix (News - Alert) recently partnered with Silanis, a provider of enterprise electronic signature solutions. As such, Silanis is now the preferred e-signature solution used with Ebix's on-demand offerings.

This partnership was formed partly in response to the demand from insurance carriers and agents to improve the customer experience across all sales channels via 100 percent straight-through processing.

The agreement will see EbixExchange first integrate Silanis' solution in the new business application process within the EbixExchange CRM, while expanding the offering to the AnnuityNet, WinFlex, LifeSpeed and AMP platforms. As such, EbixExchange CRM subscribers will be able to complete annuity and insurance business immediately with e-signature integration to speed the process along significantly. The ability to sign electronically will make it possible to close business in one Web session or in-person visit.

Initially, EbixExchange will roll out Silanis e-signature capabilities to its client base — brokers, dealers, banks, clearing firms, captive agents and BGA communities — with plans to roll the offering to other divisions such as P&C, international, health and BPO.

"The Ebix-Silanis partnership provides the answer with integrated, robust e-signatures as part of vertical applications they are already using, whether for new business or customer servicing applications," said Dan Delity SVP and global sales head of Ebix. "The flexibility and performance of the Silanis e-signature platform allows Ebix to scale across all our offerings with a legal, secure solution, while the transaction management capabilities provide immediate visibility into the online e-signature transactions for both the carrier and the agent."

Ebix is planning to announce its third quarter financial results for fiscal year 2012 on November 8, 2012, at 11 a.m. EST.

In August, the company purchased two buildings in India in order to support continued growth and the increased need for offshore development. Combined with the three buildings already owned in the country, Ebix will be able to create a large office campus over an area of over 4,000 square feet.




Edited by Rachel Ramsey

Article comments powered by Disqus

Related Insurance Technology Articles

Report: Canadian Insurance Market to Focus on Technology in 2015

Business processing services provider Xchanging Insurance Services recently announced the results of an industry survey it completed regarding the Canadian insurance market. To complete the survey, it partnered with Insurance-Canada.ca, which completes seminars and survey to help inform consumers and insurance professionals about the latest in technological innovation in the insurance market. [ Read More ]
11/24/2014

Certifi to Deliver Improved Billing and Payment Management Through SaaS William Platform

Inefficiencies in medical billing costs the U.S. healthcare industry billions of dollars annually, and as another government program, the Affordable Care Act (ACA) or Obamacare, gets integrated into the system that number is surely to rise. A study conducted by Harris Poll on behalf of NerdWallet in August of this year revealed hospital billing errors are resulting in overcharges of up to 26 percent. The number of errors for Medicare medical billing was all the way up to 49 percent, meaning almo… [ Read More ]
11/24/2014

Nominating Committee for 2015 Novarica Research Council Impact Awards Announced

For those on the technology implementation and management side of the insurance industry the research and advisory firm Novarica is no doubt a very familiar one. The company provides information, insights, and perspectives to industry professionals on a variety of topics and hosts the Novarica Insurance Technology Research Council, a moderated knowledge-sharing community of more than 325 senior IT executives representing more than 300 North American insurers. [ Read More ]
11/19/2014

Kofax to Improve Claims Processing for General Insurance and Asset Management Provider

Improving the business processes associated with mission critical insurance interactions is at the top of most insurers' lists regardless of where they are located around the world. An example of the universality of the need to improve such processes through software automation, which not only improves business process efficiency but also reduces costs while improving the customer experience, is a recent announcement from business process automation specialists Irvine, CA-based Kofax. [ Read More ]
11/19/2014
FREE Insurance Technology enewslettter.

Events

Weekly Live Demo
Contact Center Solutions

Register Today!